Transparency critical for SOEs’ efficiency enhancement: seminar
Transparency is critical to raise the efficiency of State-owned enterprises (SOEs), heard a seminar in Hanoi on September 19.
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Transparency is critical to raise the efficiency of State-owned enterprises (SOEs), heard a seminar in Hanoi on September 19.
Three years after a groundbreaking decree opened public companies to foreign ownership, less than 4 percent of eligible firms have removed their foreign ownership ceiling.
The State Securities Commission (SSC) has required relevant companies and funds not to engage in any issuance, transaction or brokerage activities related to cryptocurrencies.
The majority of lawmakers supported the expansion of the draft amended Anti-corruption Law’s scope to the non-State sector during the 14th National Assembly’s fifth session on June 13 in Hanoi.
An update on the securities law this year focuses on nine targets in the hope of giving a boost to the development of the securities market as well as the broader financial sector.
The new law on securities should allow full foreign ownership at public companies and investment funds, according to members of the Vietnam Business Forum’s (VBF) working group on capital market.
Vinamilk tops the list of 10 Vietnam’s food and beverage firms with best reputation in 2017, according to the Vietnam Report.
Vietnamese public companies, especially listed ones, should have clear policies and procedures governing related party transactions (RPTs) and an effective oversight mechanism that complies with the laws and follows best international practices.
Nhip Cau Dau Tu (The Business Review) magazine has named Vietnam Dairy Products (Vinamilk) among the top 50 listed Vietnamese companies with best performance in 2016.
Listed companies account for just 0.1 percent of the total number of operating enterprises and see poor corporate administration.
Vietnam’s upcoming free trade agreement with the European Union is expected to make Vietnam the most promising business destination for European companies in Southeast Asia.
The Ministry of Finance is drafting a document for the next generation Law on Securities in an effort to complete legislation for the securities market.
Vietnam is expected to adopt International Financial Reporting Standards (IFRS)by 2025 in its efforts to enhance comparability and improve transparency.
OCB shareholders decided at a recent meeting that there will be a change of listing plans.
The Ho Chi Minh Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX) signed with IFC an MoU to jointly promote effective corporate governance standards and practices among listed companies.
Around 887.8 million shares of Techcombank were deposited at the Vietnam Securities Depository (VSD) on December 13, the first step to trading shares on the Unlisted Public Company (UpCom) market.
Vinacomin Power Holding Corporation Limited, a State-owned subsidiary of Vietnam National Coal and Mineral Industries Group (Vinacomin), will debut 680 million shares on the Unlisted Public Company Market (UPCoM) on December 15.
Vietnam Airlines has asked its shareholders to register their ownership by the end of this month to serve its trading registration on the UPCoM, which is expected in December.
